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ChristopherCarrollSmith
Jul 26, 2019 6:50 PM

Deere ascending wedge upward breakout Long

Deere & CompanyNYSE

Description

Deere has surged upward through both recent highs and the top of its ascending wedge today. I don't love entering when it's so overbought and we're still 4 days away from the corner of the wedge, so I will hope for an oscillation downward. (But oh, the FOMO! Maybe I'll enter if we hold above the wedge and also close a bar above the Hull Moving Average.)
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